Forex Fundamentals
Canada Inflation Rate (CPI)

Canada Inflation Rate (CPI) 17 June 2020

Canada Inflation Rate (CPI) 17 June 2020: -0.4% for May 2020, below the 0% forecast and down from -0.2% in April 2020. It is the lowest of the last 12 releases. It is the third release in a row below the forecast. Printed -0.4%, below the 1–3% target band. It was released on Wed 17 Jun 2020 at 12:30 UTC.

These figures were verified on 4 Oct 2026 from the source: Statistics Canada. This page reports the release as published: the figures, the consensus forecast and what a print like it usually does to the currency.

Actual
-0.4%
May 2020
Forecast
0%
The market consensus
Previous
-0.2%
As the source gives it

What a print like this usually does

Below the forecast: A clear miss or continued cooling toward 2% would usually weigh on the Canadian dollar as markets price a more dovish Bank of Canada.

Canada Inflation Rate (CPI) 17 June 2020: -0.4% for May 2020 against a 0% forecast, with the last 12 releases
Sharing this? Please link to this page as the source.Download the chart

Cite this release

If you cite this release, please link to this page:

Canada Inflation Rate (CPI) 17 June 2020: -0.4% vs 0% forecast (Statistics Canada). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/ca-cpi/2020-06-17

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
17 Jun 2020May-0.4%0%-0.2%
20 May 2020Apr-0.2%-0.1%0.9%
22 Apr 2020Mar0.9%1.2%2.2%
18 Mar 2020Feb2.2%2.1%2.4%
19 Feb 2020Jan2.4%2.3%2.2%
22 Jan 2020Dec2.2%2.2%2.2%
18 Dec 2019Nov2.2%2.2%1.9%
20 Nov 2019Oct1.9%1.9%1.9%
16 Oct 2019Sep1.9%2.1%1.9%
18 Sep 2019Aug1.9%2%2%
21 Aug 2019Jul2%1.7%2%
17 Jul 2019Jun2%2%2.4%
The release before:Canada Inflation Rate (CPI) 20 May 2020The release after:Canada Inflation Rate (CPI) 22 July 2020Canada Inflation Rate (CPI): every recent resultThis week’s economic calendar